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Terrie Dactel wants to set up a perpetual annuity for herself that will pay $150,000 annually that will begin 35 years from now. Assuming an

Terrie Dactel wants to set up a perpetual annuity for herself that will pay $150,000 annually that will begin 35 years from now. Assuming an interest rate of 5%, how much will Terrie need to save annually? O $22,838 O $25,298 O $33,215 O $36,123

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